MINNEAPOLIS—Avison Young has just been awarded the exclusive sales listing for a 140,465-square-foot industrial building in southwest suburban Minneapolis, and have high hopes that investors from across the nation will show a lot of interest, partly due to the Twin Cities' strong economy, and partly due to the class A property's stability and growth potential.
Avison Young principals Erik Foster and Mike Wilson, both based in Chicago and members of the firm's national industrial capital markets group, are representing building ownership, a national property owner, along with Avison Young principals Tom Dunsmore and Jim Rock of the Minneapolis office.
Beckman Coulter, Inc., a global biomedical company, has fully occupied the building, located at 322 Lake Hazeltine Dr. in Chaska, MN, since 2007. With 2014 sales of $2.12 billion, Beckman develops, manufactures and markets products that simplify, automate and innovate complex biomedical testing.
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